Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

Monthly Benefit means the amount payable by the Company to you if and when you are a disabled insured.

Monthly Benefit means the monthly amount payable by Lincoln to the Disabled or Partially Disabled Covered Person.

Examples of Monthly Benefit in a sentence

Maximum Benefit Period (the later of your SSNRA* or the Maximum Benefit Period listed below): Age When Disability Begins Maximum Benefit Period Age 62 or under Your 65th birthday or the date the 42nd Monthly Benefit is payable, if later.
Age 63 The date the 36th Monthly Benefit is payable Age 64 The date the 30th Monthly Benefit is payable Age 65 The date the 24th Monthly Benefit is payable Age 66 The date the 21st Monthly Benefit is payable Age 67 The date the 18th Monthly Benefit is payable Age 68 The date the 15th Monthly Benefit is payable Age 69 or older The date the 12th Monthly Benefit is payable.

More Definitions of Monthly Benefit

Monthly Benefit means the monthly benefit calculated and paid to Program participants in accordance with the Program Guidelines.

Monthly Benefit means one twelfth (1/12) of the Participant's Annual Benefit.

Monthly Benefit means the least of:

Monthly Benefit means the monthly amount determined under Section 3.1(a) used for purposes of calculating the Lump Sum Equivalent.

Monthly Benefit means the amount payable to you if you are Totally Disabled. Benefits for Supplemental Disability Insurance coverage, short term period, are determined on a monthly basis and paid to you bi-weekly. Benefits for Supplemental Disability coverage, long term period, are determined and paid to you on a monthly basis.

Monthly Benefit means an amount equal to sixty percent (60%) of the Executive’s average monthly compensation, excluding bonuses, for the sixty (60) months immediately preceding his termination of employment or disability.